First, thanks again to all who replied and shared their thoughts.I wrote the OP as neutrally as possible in order not to sway opinions, but the fact is that everyone except me used approach "a". While the instructor said she'd accept both methods, it was my sense that she didn't like mine very much.Out of curiousity I checked several airlines' annual reports just to see if some hint of the calculations might be there. eureka! Airlines use the marginal/incremental cost approach just as I did and, for the first time ever, I got 100% on an accounting assignment.TDeF
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